Telus Receives Consensus Rating of “Buy” from Analysts (TSE:T)
Telus (TSE:T) has earned an average recommendation of “Buy” from the thirteen ratings firms that are covering the stock, Analyst Ratings News reports. One analyst has rated the stock with a hold recommendation and nine have given a buy recommendation to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is C$42.20.
A number of analysts have recently weighed in on T shares. Analysts at Scotiabank reiterated a “sector outperform” rating on shares of Telus in a research note on Friday. Separately, analysts at CIBC raised their price target on shares of Telus from C$35.00 to C$37.00 in a research note on Friday. Finally, analysts at Canaccord Genuity raised their price target on shares of Telus from C$41.00 to C$44.00 in a research note on Monday, February 10th. They now have a “buy” rating on the stock.
Telus (TSE:T) opened at 37.83 on Tuesday. Telus has a 52-week low of $29.52 and a 52-week high of $38.96. The stock’s 50-day moving average is $37.22 and its 200-day moving average is $35.38. The company has a market cap of $23.568 billion and a P/E ratio of 17.48.
TELUS Corporation (TSE:T), is a telecommunications companies, providing a range of telecommunications products and services products including wireless, data, Internet protocol, voice and television.
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